Vopak Becomes 50% Shareholder in EemsEnergy Terminal
12.05.2023 By Tank Terminals - NEWS

December 5, 2023 [Offshore Energy]- Dutch tank storage company Vopak and compatriot energy network operator Gasunie have completed the principle agreement whereby Vopak becomes a 50% shareholder in EemsEnergy Terminal, an LNG import terminal in Eemshaven in the Netherlands.


Vopak and Gasunie announced the principle agreement in April this year, highlighting their commitment to jointly develop and operate open-access LNG infrastructure in the Netherlands and contribute to the energy security of Europe.

Developed by Gasunie as a means to reduce the dependency on Russian gas, this floating LNG terminal has been operational since September 15, 2022, allowing for an additional import of 8 billion cubic meters per year.

Vopak and Gasnuie said they are working together to increase the terminal’s capacity further towards 10 billion cubic meters per year.

In addition, the partners indeed to further develop the Eemshaven site to facilitate the import of green hydrogen.

Hans Coenen, member of executive board at Gasunie, said: “I am pleased with Vopak entering as a co-shareholder in EemsEnergyTerminal. Vopak is our long-term partner in enabling LNG– import and terminalling. By pooling our knowledge and experience we offer a unique and reliable LNG import solution and we will be even better positioned and committed to the future developments.”

Dick Richelle, CEO at Vopak, added: “We are excited to build upon our successful partnership with Gasunie. This fits very well with Vopak’s strategy to grow in LNG infrastructure and accelerate towards new energies. We are proud to develop and operate reliable and open access infrastructure as this plays an important role both in the security of energy, as well as in the energy transition.”

Vopak and Gasunie are both the founders and joint owners of the LNG Gate terminal in Rotterdam which has been operational since 2011. Once all envisaged projects have been completed, the combined total regas capacity of both terminals will be 28 billion cubic meters per year.


Pro Trial: Access 12,600 Tank Terminal and Production Facilities

12,600 tank storage and production facilities as per the date of this article. Click on the button and register to get instant access to actionable tank storage industry data

FERC to Decide on Venture Global Building Permit Extension by April
02.23.2024 - NEWS
February 23, 2024 [Oil Price]- The Federal Energy Regulatory Commission will try to be quick in d... Read More
Shell's LNG Trading Makes $2.4 Billion in Final 2023 Quarter, Sources Say
02.23.2024 - NEWS
February 23, 2024 [Reuters]- Nearly a third of Shell’s (SHEL.L), opens new tab profit in th... Read More
Europe, Africa Oil Markets Tighten, Lending Support to Futures
02.23.2024 - NEWS
February 23, 2024 [Reuters]- Red Sea shipping delays and OPEC+ supply cuts are tightening physica... Read More
Concluded Joint Development Agreement for Production of Sustainable Aviation Fuel (SAF) from Woody Biomass in the US
02.23.2024 - NEWS
February 23, 2024 [Sumitomo Corporation]- Sumitomo Corporation, through Sumitomo Corporation of A... Read More